Daimler AG (DAI) PT Set at €65.00 by Morgan Stanley
Daimler AG (ETR:DAI) has been given a €65.00 ($69.89) price objective by Morgan Stanley in a report issued on Tuesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research analysts also recently weighed in on the company. Nord/LB reissued a “buy” rating on shares of Daimler AG in a report on Wednesday, November 9th. JPMorgan Chase & Co. set a €75.00 ($80.65) target price on Daimler AG and gave the company a “buy” rating in a report on Monday, November 7th. Bankhaus Lampe set a €65.00 ($69.89) target price on Daimler AG and gave the company a “buy” rating in a report on Thursday, November 3rd. Citigroup Inc. set a €80.00 ($86.02) target price on Daimler AG and gave the company a “buy” rating in a report on Friday, October 28th. Finally, Deutsche Bank AG set a €90.00 ($96.77) target price on Daimler AG and gave the company a “buy” rating in a report on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of €72.64 ($78.11).
Daimler AG (ETR:DAI) opened at 64.796 on Tuesday. The stock has a market cap of €69.32 billion and a price-to-earnings ratio of 8.476. Daimler AG has a one year low of €50.89 and a one year high of €85.42. The stock’s 50 day moving average price is €63.93 and its 200 day moving average price is €60.66.
About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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